Kestra Advisory Services LLC grew its stake in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM – Free Report) by 513.2% during the 1st quarter, Holdings Channel reports. The firm owned 438,921 shares of the company’s stock after purchasing an additional 367,340 shares during the quarter. Kestra Advisory Services LLC’s holdings in Capital Group Municipal High-Income ETF were worth $11,113,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also modified their holdings of the stock. Confluence Wealth Services Inc. lifted its stake in Capital Group Municipal High-Income ETF by 10.7% in the 4th quarter. Confluence Wealth Services Inc. now owns 698,946 shares of the company’s stock valued at $17,809,000 after buying an additional 67,555 shares in the last quarter. Aprio Wealth Management LLC acquired a new stake in shares of Capital Group Municipal High-Income ETF in the fourth quarter worth approximately $16,422,000. Prentice Wealth Management LLC boosted its stake in shares of Capital Group Municipal High-Income ETF by 123.4% in the fourth quarter. Prentice Wealth Management LLC now owns 171,470 shares of the company’s stock worth $4,369,000 after acquiring an additional 94,719 shares during the last quarter. D.A. Davidson & CO. purchased a new stake in shares of Capital Group Municipal High-Income ETF during the fourth quarter worth approximately $581,000. Finally, NewCorp Financial Services Inc. acquired a new position in Capital Group Municipal High-Income ETF in the 4th quarter valued at $1,172,000.
Capital Group Municipal High-Income ETF Stock Performance
Shares of CGHM stock opened at $25.82 on Monday. Capital Group Municipal High-Income ETF has a fifty-two week low of $24.29 and a fifty-two week high of $30.00. The stock’s fifty day moving average is $25.70 and its two-hundred day moving average is $25.64.
Capital Group Municipal High-Income ETF Company Profile
The Capital Group Municipal High-Income ETF (CGHM) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks a high level of tax-exempt current income by actively investing in lower rated, intermediate- to long-term Muni bonds. CGHM was launched on Jun 25, 2024 and is issued by Capital Group.
Featured Articles
- Five stocks we like better than Capital Group Municipal High-Income ETF
- 3 Rare-Earth ETFs That Help Investors Balance Exposure and Risk
- Microsoft Bets on In-House AI to Cut OpenAI and Anthropic Costs
- Delta Air Lines Lives Up to Its Claims: Shares Can Keep Climbing
- This Dividend ETF Choice Could Shape Your Income Strategy Through 2026
Want to see what other hedge funds are holding CGHM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Municipal High-Income ETF (NYSEARCA:CGHM – Free Report).
Receive News & Ratings for Capital Group Municipal High-Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Group Municipal High-Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
